Changes in Contribution Rates. For the purpose of contributions for individuals participating in the expanded TIAA retirement system after July 1, 1977, when a percentage increase in contribution rates to STRS or OPERS is required, the exact same percentage increases will be added to the expanded TIAA annuity contributions. However, should STRS and OPERS adopt a percentage increase for the same purpose but at different times, the adjustment in TIAA contribution rates shall be made only once.
Appears in 6 contracts
Sources: Collective Bargaining Agreement, Retirement Agreement, Collective Bargaining Agreement
Changes in Contribution Rates. For the purpose of contributions for individuals individual participating in the expanded TIAA retirement system after July 1, 1977, when a percentage increase in contribution rates to STRS or OPERS PERS is required, the exact same percentage increases will be added to the expanded Expanded TIAA annuity contributions. However, should STRS and OPERS PERS adopt a percentage increase for the same purpose but at different times, the adjustment in TIAA contribution rates shall be made only once.
Appears in 1 contract
Sources: Collective Bargaining Agreement